Commodity Trade Mantra

Posts Tagged ‘Extend and Pretend’

Interest Rates to Remain Unchanged, Extend & Pretend Continues

The raise in interest rates has met one excuse after another and is once again looking like it will be delayed. The new “extend and pretend” date is now set for December. The FED knows they cannot raise rates & may act ignorant of the facts, but they are not! They know the economy is faulting & the global economy stands on a knife edge, just awaiting a catalyst to begin a renewed downturn.

Guaranteed Financial Security Is Just A Fantasy

Those dependent on the promises made in the previous era will support any policy that “extends & pretends” the illusion that financial security can be guaranteed, regardless of seismic shifts in the natural and financial economies. The irony of “extend and pretend” is these policies only push the system to extremes that guarantee systemic collapse.

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